article thumbnail

Neste Oil signs an algae oil off-take agreement with Cellana for renewable fuel

Green Car Congress

Neste Oil, the world’s largest producer of renewable diesel (NExBTL), has signed a contingent commercial off-take agreement with Cellana, an algae biomass developer based in the United States. The agreement will enable Neste Oil to purchase Cellana’s algae oil for use as a feedstock in the future for producing renewable fuel.

Oil 275
article thumbnail

Efficient one-pot process to convert bio-oil fractions to gasoline-range hydrocarbons

Green Car Congress

A team at South China University of Technology has developed a one-pot process to convert the diesel distillate and residual oil fractions in bio-oil into high-quality fuels by catalytic hydrocracking with combined CoMoS/Al 2 O 3 and HZSM-5 catalysts. A paper on their process is published in the journal Fuel. 2015.05.002. 2015.05.002.

Oil 150
article thumbnail

Opinion: OPEC Divorce And Self-Destruction Thanks To Saudi Oil Strategy?

Green Car Congress

The first quote modifies a GEICO commercial describing a free-range chicken (If you’re a free range chicken, you roam free, that’s what you do), the second, the famous John Maynard Keynes quote about markets (The market can stay irrational longer than you can stay solvent), the third, another famous Keynes quote (In the long run, we’re all dead).

Oil 150
article thumbnail

When Will Russia Run Out Of Oil?

Green Car Congress

On a global level, 2015 and 2016 marked the lowest level of new conventional oil discoveries since 1952. billion barrels of conventional oil were discovered, roughly 45 days of global crude consumption or 0.2 Globally, exploratory drilling fell by almost 20 percent in 2015 and fell even further in 2016. In 2016, only 3.7

Russia 150
article thumbnail

XING Mobility to introduce IMMERSIO cell-to-pack product at IAA

Green Car Congress

XING technology takes advantage of advanced high-nickel cathode cylindrical lithium-ion cells, cooled by mineral oil. Founded in 2015 by Tesla and Panasonic veterans, XING Mobility is a provider of automotive-grade electric vehicle batteries for specialty applications.

article thumbnail

Argonne analysis shows greenhouse gas emissions similar for shale, conventional oil

Green Car Congress

Shale oil production generates greenhouse gas emissions at levels similar to conventional crude oil production, according to a pair of new studies released by the US Department of Energy’s Argonne National Laboratory. These are shale formations with low permeability and must be hydraulically fractured to produce oil and gas.

Oil 150
article thumbnail

Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

Green Car Congress

Global fossil CO 2 emissions are expected to grow 1.0% (with an uncertainty range of 0.1% Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. CO 2 emissions from oil use are expected to grow 2.2% [0.9% Fossil CO 2 emissions in the USA are projected to increase by 1.5% (range -1.0%

Global 221